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CapLease boosts quarterly dividend by 3 percent
Published: 12:02:09 PM, Mon 11 March 2013 UTC
NEW YORK (AP) — Real estate investment trust CapLease is raising its quarterly dividend by 3 percent to 7.75 cents per share.
This is the third consecutive quarter with a dividend increase, the New York company said.
CapLease Inc. said Monday that the dividend increase will start with the first-quarter dividend. That dividend will be paid on April 15 to shareholders of record on April 4.
Its shares finished at $6.17 on Friday. They have traded in a 52-week range of $3.85 to $6.23.
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